Athleisure Market Overviews
Global Athleisure Market was valued at US$ 367.83 Bn. in 2023 Global Athleisure Market size is estimated to grow at a CAGR of 8% over the forecast period.
Athleisure is a trend in which people wear clothes that are specifically made for athletic workouts but can also be worn casually. Athleisure attire has grown increasingly acceptable in a variety of social settings, including the office. The majority of consumers regard activewear to be pleasant and flexible, which can be attributed to the materials utilized to create such clothes or footwear. The most typically utilized materials in such athleisure apparel are synthetic textiles such as polyester and nylon, which combined tend to provide the optimum combination of needed qualities. The global athleisure market is studied and analysed on the basis of type, product, end-user, distribution channel, and region.
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Athleisure Market Scope and Methodology:
As a result of the lockdown measures, yoga studios, gyms, health clubs, and other sites where in-person group yoga instruction was held were shut down or temporarily closed on a global scale. Sustainability has made its way into the athleisure market, which has been a long-standing fashion trend. Consumers continue to seek out and purchase new things made of sustainable, long-lasting, and high-quality materials, and many companies are seeking to bridge the gap between fashion and innovative-functional designs.
Athleisure Market Regional Insights
North America dominated the Athleisure Market with a 33% share in 2023. The region's expanding apparel and textile sector are likely to fuel market expansion. The US textile and clothing market was valued at US$ 92 billion in 2023. The rising awareness about adopting healthy lifestyles, which encourages customers to buy and indulge in fitness/strength activities. These factors are expected to drive the growth of the market in this region.
AthleisureMarket Segmentation
By Type, The mass athleisure type segment dominated the Athleisure Market with a 65% share in 2023. Athletic casual clothing is becoming more widely accepted for use in a range of social settings. Sports-inspired materials like spandex, Lycra, and other synthetic fibers are used in many of the garments that are considered work-appropriate.
Athleisure Market Key Players
Adidas AG
Nike Inc.
Under Armour Inc.
New Balance Athletics Inc.
Columbia Sportswear Company
ASICS Corporation
PUMA SE
VF Corporation
Lululemon Athletica
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Key questions answered in the Athleisure Market are:
- What is Athleisure ?
- What was the Athleisure market size in 2023?
- What is the growth rate of the Athleisure Market?
- Which are the factors expected to drive the Athleisure market growth?
- What are the different segments of the Athleisure Market?
- What growth strategies are the players considering to increase their presence in Athleisure ?
- What are the upcoming industry applications and trends for the Athleisure Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Athleisure Market?
- Who are the leading companies and what are their portfolios in Athleisure Market?
- What segments are covered in the Athleisure Market?
- Who are the key players in the Athleisure market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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